Equity indexes up, out on euro dollar and bund


CURRENCIES

Why I am more bullish than bearish on the Euro / Dollar ? Because we have a wonderful Buy Sequential on the daily bars and a buy stop order over the horizontal congestion under formation would be a savvy decision. We would rather find a very short and tall congestion after the upward breakout in order to risk a few points instead to buy on the highest high. Let's look at the price development.

 

EQUITY INDICES

Always long on Italian SPMIB40, our lowest(L,3) exit price was not hit so far.

 

BUND

It seems sometimes, like yesterday, to have the strenght to go up drawing a nice Up Roos Hook. Today very bearish. Out.

 

(articolo di Sandro Mancini)

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